Capital archive
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FIA statement on Basel Committee’s consultation on capital
FIA President and CEO Walt Lukken today made the following statement regarding the Basel Committee on Banking Supervision’s announcement of a consultation on the leverage ratio treatment of client cleared derivatives.
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FIA, Institute of International Finance and Global Financial Markets Association urge fair treatment of global capital rules for clearing
Washington, DC – FIA, the Institute of International Finance (IIF), and the Global Financial Markets Association (GFMA) filed a response to the consultative report of the Derivatives Assessment Team (DAT) on “Incentives to centrally clear over-the-counter (OTC) derivatives” (DAT Report). The Associations agree with the DAT’s findings that there are impediments to accessing central clearing and urge global regulators to take action. Regulatory capital treatment of banks' clearing activity is the key constraint on client clearing capacity by service providers, according to the response.
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Statement of FIA President and CEO Walt Lukken on the unanimous vote of House Financial Services Committee in passing H.R. 5749, the "Options Market Stability Act."
Statement of FIA President and CEO Walt Lukken on the unanimous vote of House Financial Services Committee in passing H.R. 5749, the "Options Market Stability Act."
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FIA Responds to Fed-OCC Proposal to Revise the Enhanced Supplemental Leverage Ratio
On May 21, FIA responded to a proposal issued in April by the Federal Reserve and the Office of the Comptroller of the Currency that aims to tailor leverage ratio requirements for the largest U.S. banks to their business activities and risk profiles.
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FIA President and CEO Walt Lukken on the Financial Services Committee passing legislation to support clearing of derivatives
Washington, DC - FIA President and CEO Walt Lukken today made the following statement after the House Financial Services Committee passed H.R. 4659 to properly calibrate the capital charges contained in the Supplementary Leverage Ratio (SLR) for clearing services
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FIA President and CEO Walt Lukken on the Financial Services Committee Passing Legislation to Support Clearing of Derivatives
Washington, DC - FIA President and CEO Walt Lukken today made the following statement after the House Financial Services Committee passed H.R. 4659 to properly calibrate the capital charges contained in the Supplementary Leverage Ratio (SLR) for clearing services:
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FIA submits feedback on the European Commission’s Proposal for a Regulation on the prudential requirements of investment firms
On 8 March, FIA submitted feedback on the European Commission’s Proposal for a Regulation on the prudential requirements of investment firms.
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FIA supports U.S. legislation to recognize client margin offset
In a new letter and testimony submitted to the House Financial Service Committee, FIA continues to advocate for U.S. Congress to address the unintended consequences of post-crisis financial reforms that undermine the incentives and benefits of central clearing for derivatives.
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Fed Amends CCAR Calculations to Avert Impact on Client Clearing
The Federal Reserve has decided to rescind a technical change in the way it calculates the CCAR stress testing calculations for large banking organizations, a decision that averts a major increase in the amount of capital required for client clearing.
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FIA and ISDA bolster argument against cleared swap surcharge with additional information
On Nov. 22, FIA and ISDA filed a joint supplemental response with the Federal Reserve to support their opposition to proposed changes to the capital surcharge imposed on U.S. banking organizations that are determined to be "global systemically important banking organizations."
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